Incorporated in 1980 and located in northwest Columbus, Ohio, GB3 is a homeowner association composed of property owners on Talbrock Circle whose primary purposes are to manage the shared common areas and enforce reasonable rules for their uses. GB3 is also charged with the enforcement of deed restrictions imposed upon all property lots for the benefit of all homeowners in maintaining proper community standards.
All 28 recorded owners of the lots on Talbrock Circle (Riverside Green South, Section 5 Subdivision) are members of the association. Managed by a three-member board of directors which is elected annually, GB3 is a HOA that exercises self-governance among property owners in accordance with the founding documents. The governing board conducts meetings when necessary and schedules one annual meeting of the association at large at which property owners can address issues they deem relevant. GB3 members stay informed via the telephone, e-mail, printed news updates, and informal discussions.
To advance the purposes stated in the association’s Articles of Incorporation, GB3 collects assessments from all property owners on Talbrock Circle. The GB3 Board of Directors annually determines the estimated operating and contingency costs of the association for the following fiscal year. These assessments are equally shared by all 28 property owners and collected on a regular basis each calendar year.